Class 10 Social Science - Understanding Economic Development - Chapter Sectors of the Indian Economy NCERT Solutions | “Tertiary sector is not playing an

Explain how public sector contributes to the economic development of a nation.

Workers are exploited in the unorganised sector. Do you agree with this view? Give reasons in support of your answer.

For each of the sectors that we came across in this chapter why should one focus on employment and GDP? Could there be other issues which should be examined? Discuss.

Distinguish between open unemployment and disguised unemployment.

Fill in the blanks using the correct option given in the bracket:

(i) Employment in the service sector _________ increased to the same extent as production. (has / has not)
(ii) Workers in the _________ sector do not produce goods. (tertiary agricultural)                                                                                                         (iii) Most of the workers in the _________ sector enjoy job security. (organised / unorganised)
(iv) A _________ proportion of labourers in India are working in the unorganised sector. (large / small)
(v) Cotton is a _________ product and cloth is a _________ product. (natural / manufactured)
(vi) The activities in primary, secondary and tertiary sectors are _________. (independent / interdependent)

Give a few examples of public sector activities and explain why the government
has taken them up.

Using examples from your area compare and contrast that activities and functions
of private and public sectors.

What do you understand by disguised unemployment? Explain with an example
each from the urban and rural areas.

Service sector in India employs two different kinds of people. Who are these?

Do you think the classification of economic activities into primary, secondary and tertiary is useful? Explain how.

Development of a country can generally be determined by
(i) its per capita income
(ii) its average literacy level
(iii) health status of its people
(iv) all the above

In situations with high risks, credit might create further problems for the borrower. Explain?

What do you understand by globalisation? Explain in your own words.

Why are rules and regulations required in the marketplace? Illustrate with a few examples.

Which of the following neighbouring countries has better performance in terms of
human development than India?
(i) Bangladesh
(ii) Sri Lanka
(iii) Nepal
(iv) Pakistan

How does money solve the problem of double coincidence of wants? Explain with example of your own.

What was the reason for putting barriers to foreign trade and foreign investment by the Indian government? Why did it wish to remove these barriers?

What factors gave birth to the consumer movement in India? Trace its evolution?

Assume there are four families in a country. The average per capita income of
these families is Rs 5000. If the income of three families is Rs 4000, Rs 7000
and Rs 3000 respectively, what is the income of the fourth family?
(i) Rs 7500
(ii) Rs 3000
(iii) Rs 2000
(iv) Rs 6000

How do banks mediate between those who have surplus money and those who need money?

Choose the most appropriate option.
(i) The past two decades of globalisation has seen rapid movements in
(a) goods, services and people between countries.
(b) goods, services and investments between countries.
(c) goods, investments and people between countries.

(ii) The most common route for investments by MNCs in countries around the world is to
(a) set up new factories.
(b) buy existing local companies.
(c) form partnerships with local companies.

(iii) Globalisation has led to an improvement in living conditions
(a) of all the people
(b) of people in developed countries
(c) of workers in the developing countries
(d) none of the above

Analyse the role of credit for development.

Look at a 10 rupee note. What is written on top? Can you explain this statement?
“Reserve Bank of India” and “Guaranteed by the Government” are written on top.

 Mention some of the rights of consumers and write a few sentences on each?

Critically examine the progress of the consumer movement in India?

Development of a country can generally be determined by
(i) its per capita income
(ii) its average literacy level
(iii) health status of its people
(iv) all the above

 In what ways does the Reserve Bank of India supervise the functioning of banks? Why is this necessary?

What legal measures were taken by the government to empower the consumers in India?
 

How has liberalisation of trade and investment policies helped the globalisation process?

By what means can the consumers express their solidarity?